MARKS & SPENCER (UK) reported Q3 revenue of £3.9 billion ($5 billion), up 6.4% on a like-for-like basis.  Clothing, Home & Beauty, like-for-like revenue rose 1.9% to £1.3 billion ($1.7 billion) as the group continued to gain market share.  

M&S hasn’t given any full-year guidance, but markets are forecasting full-year revenue growth of around 5.5% to £13.8 billion ($17.8).

• Sales growth in the Clothing, Home & Beauty division reflects improved customer perceptions of value, quality, and style. That’s by no means an easy feat and a key reason for M&S being able to sell more than 80% of clothes at full price at the last count, far higher than many of its rivals, per Hargreaves Lansdown.  
• Investment in improving its digital platforms is paying off, with double-digit growth in online sales. Levelling up its online offering will be key to driving future sales higher, especially given how tough the world of clothing retailers is.